Christopher Lenton

California-based Sempra Energy continues to bet on Mexico even given regulatory changes that could impact the private sector’s operations in the country. “Our goal is to help Mexico be successful,” CEO Jeffrey Martin said in a fourth quarter earnings call. “They need more foreign direct investment. They have a deficit in their infrastructure.”  The administration…

Argentina has launched a tender to secure natural gas supplies for the upcoming winter in the Southern Hemisphere. Part of the “Plan Gas 4,” the aim of the tender is to “save on as much imported fuel as possible,” the Energy Secretariat said in a statement. The new tender aims to lock in natural gas…

TC Energy Corp. expects to complete construction of the 886 MMcf/d Tula-Villa de Reyes pipeline in Mexico during 2021. The construction timetable is subject to the “timely reopening of government agencies,” executives said last Thursday during a fourth quarter earnings call. Executives cited the coronavirus as impacting the project. Upon completion, TC plans to phase-in…

Exploration and production companies were told to halt or reduce wastewater injection activity after a magnitude 4.2 earthquake struck northern Oklahoma on Friday. The Oklahoma Corporation Commission (OCC) directed producers with disposal wells in the Arbuckle formation within three miles of the quake’s epicenter to stop operations and those with wells from three to 10…

Despite a Wednesday evening order from Texas Gov. Abbott to prioritize in-state consumption, natural gas continued to flow from Texas to Mexico Thursday, albeit at reduced levels. Scheduled deliveries of piped gas to Mexico from Texas hit 1.6 Bcf/d Thursday, up from 1.3 Bcf/d on Wednesday and 1.1 Bcf/d on Tuesday. Typical export volumes from…

Executives at Denver-based DCP Midstream LP said during their fourth quarter earnings call that they were committed to cost reductions, retiring debt and growing excess free cash flow in 2021. In 2020, “We were able to navigate a double black swan event that eviscerated demand, plunged oil prices into negative territory and fundamentally changed the…

Unprecedented cold weather across the United States continued to disrupt energy markets on both sides of the border Tuesday as power outages hit Mexico for a second straight day. Mexico’s electric power operator Centro Nacional de Control de Energía (Cenace) said 2,200 MW of power was still offline in the northern states of Chihuahua, Coahuila,…

While China has been embroiled in a trade dispute with the United States, its presence in the energy sector in Latin America has continued to grow, impacting the shape and direction of the region’s energy markets. According to the report, “China Stakes its Claim in Latin American Energy,” released by think tank Institute of the…

The new bilateral relationship between Mexico and the United States under President Biden could lead to discord between the two states in energy and trade matters. “There are many diplomatic challenges and opportunities under the Biden administration in Mexico,” Signos Vitales consultant Enrique Cárdenas said during a virtual webinar organized by the Wilson Institute’s Mexico…